The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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The stock market’s ‘fear index’ is half what it was in December. Here’s what that means Mar 3rd
Investors who fear widely swinging markets may want to look into low-volatility funds, writes David Olive..... More »
Telecommunications and technology sectors help push Toronto market higher + MORE Aug 1st
The telecommunications and technology sectors helped lift Canada’s main stock index in late morning trading today.
The S&P/TSX composite index was up 79.44 points to 15,223.31 after 90 minutes of trading.
In New York, the Dow Jones industrial average advanced 87.73 points to 21,978.85, th.... More »
Elderly Nova Scotia couple reunited in same nursing home following appeal - CBC.ca + MORE Apr 8th
CBC.caElderly Nova Scotia couple reunited in same nursing home following appealCBC.caEdwin and Marjorie Crossland were separated after 70 years when Edwin, 91, was assessed as not needing the same type of nursing home care as his wife, who suffers from dementia. (Submitted by Tammy Crossland). An An.... More »
Red Hat stock up 47% after $34B US takeover by IBM Oct 29th
Shares of Red Hat skyrocketed 47 per cent at the opening of trading in New York Monday after IBM, in the biggest acquisition of its 100-year history, acquired the software company..... More »
TD profit falls, missing expectations as economic downturn looms - The Globe and Mail + MORE May 25th
TD profit falls, missing expectations as economic downturn looms The Globe and MailProfits dip as BMO and Scotiabank set aside hundreds of millions to cover bad loans CBC NewsLive news: TD Bank adds to disappointing earnings for Canadian lenders Financial TimesBMO an.... More »
B.C. Liberals face balancing act on housing as 2017 election looms: experts
– canadianbusiness.com
VANCOUVER – British Columbia’s Liberal government must walk a fine line between creating affordable housing and causing a crash, as real estate prices loom large over next year’s election, experts say.
The legislature is set to convene Monday to debate changes to Vancouver’s charter that would allow the city to create a tax on vacant homes. The government will also introduce legislative amendments to end self-regulation of real estate agents.
Both proposals mark dramatic shifts in tone from Premier Christy Clark’s government, which only a year ago rejected Mayor Gregor Robertson’s demand for taxes to cool a superheated housing market.
“They do appear to be scrambling a little bit, which suggests that they feel, or they fear, they have fallen behind public opinion on this,” said Hamish Telford, a political science professor with the University of the Fraser Valley.
Telford said the government might have been reluctant to act in part because its supporters tend to live outside the Lower Mainland…
The legislature is set to convene Monday to debate changes to Vancouver’s charter that would allow the city to create a tax on vacant homes. The government will also introduce legislative amendments to end self-regulation of real estate agents.
Both proposals mark dramatic shifts in tone from Premier Christy Clark’s government, which only a year ago rejected Mayor Gregor Robertson’s demand for taxes to cool a superheated housing market.
“They do appear to be scrambling a little bit, which suggests that they feel, or they fear, they have fallen behind public opinion on this,” said Hamish Telford, a political science professor with the University of the Fraser Valley.
Telford said the government might have been reluctant to act in part because its supporters tend to live outside the Lower Mainland…
Securing investment in Canada key during auto bargaining: Unifor president
– canadianbusiness.com
TORONTO – As talks between the Detroit Three automakers and the workers’ union get underway, Unifor president Jerry Dias says he won’t back down from demands for new investment in Canadian assembly facilities.
“The climate today is much different than it was four years ago,” said Dias, referring to the last round of bargaining.
“Four years ago they had come out of the 2008-2009 recession, but there was still a lot of uncertainty. This round of bargaining is really about solidifying the footprint in Canada. There’s no question in my mind that it’s about the future of the industry.”
With the current agreements set to expire on Sept. 19, both sides have entered into early explanatory discussions — what Dias refers to as “kicking the tires.”
Once the deadline draws near, the union will choose a target company to try to hammer out a deal with that will set the tone for negotiations with the others, a process referred to as pattern bargaining…
“The climate today is much different than it was four years ago,” said Dias, referring to the last round of bargaining.
“Four years ago they had come out of the 2008-2009 recession, but there was still a lot of uncertainty. This round of bargaining is really about solidifying the footprint in Canada. There’s no question in my mind that it’s about the future of the industry.”
With the current agreements set to expire on Sept. 19, both sides have entered into early explanatory discussions — what Dias refers to as “kicking the tires.”
Once the deadline draws near, the union will choose a target company to try to hammer out a deal with that will set the tone for negotiations with the others, a process referred to as pattern bargaining…
